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welcome to FlowTimes - January 2009 Your Update on Flow, Temperature, and Pressure Measurement from Flow Research Editor: Dr. Jesse Yoder; Volume 10, Number 1 - ISSN 1350-7204 Welcome to FlowTimes!
As we enter the New Year, we want to be among the first to send you
greetings and thank you for your support. Our team tries hard to bring you
rock solid data throughout the year so you can make informed decisions,
particularly in these uncertain times. From where
we sit, it’s unclear how the economic slowdown will affect the
instrumentation markets, which have enjoyed growth since early 2004. We
do, however, see promise for the flowmeter industry, particularly in oil
& gas. We expect the drive to find new sources of
energy and to get more mileage out of existing supplies will continue,
despite the dramatic drop in crude oil prices. Our new Worldflow
2009 Pioneers of Instrumentation and Celebrity Birthday Calendar is
ready to go! See below for more details. Or, go to www.flowcalendar.com
to preview it, or to request your free copy. We wish you
continued prosperity and success through the end of this year and into the
New Year. Please call if we can be of service – or just to say Happy
Holidays!
News
and events
Tokimec is now Tokyo Keiki Inc. Tokimec,
the first company to introduce ultrasonic flowmeters to commercial markets
in 1963, restored its corporate name, effective October 1. The
company has long been associated with the word and symbol “keiki,”
coined by the company founder to
mean “instruments.” The company decided to use the term again as a
rallying point in these challenging times. Siemens and E.ON sign one of the largest wind power deals
ever. The two major
German companies announced that Siemens will supply 500 wind turbines with
a total capacity of 1,150 megawatts (MW) to E.ON for new projects in the Please give us feedback on our studies
Flow
Research is also beginning a new study on the worldwide vortex flowmeter
market. This
study is scheduled for delivery in May 2009, and is called The
World Market for Vortex Flowmeters, 4th Edition. We plan to find
out how the market has changed since the American Petroleum Institute
(API) approved its standard for the use of vortex flowmeters for custody
transfer applications. This approval occurred in January 2007. For
more information, go to www.flowvortex.com.
The ultrasonic market is the fastest growing flowmeter market, according to a Flow Research study, The World Market for Ultrasonic Flowmeters, 3rd Edition. Ultrasonic flowmeters now account for more than 10 percent of the revenues generated by the entire worldwide flowmeter market. The market was $440 million in 2007, up from $255 million in 2002, with a projected compound average growth rate (CAGR) of 9.8% through 2012. The use of multipath ultrasonic meters for custody transfer of natural gas triggered much of this rapid market growth. For complete information on the study, go to www.flowultrasonic.com or give us a call. We
have a bountiful crop of market studies, all published this year. Please
check them out if you don’t have them already: ·
The World Market
for Coriolis Flowmeters, 3rd Edition (www.flowcoriolis.com)
(September 2008) ·
The World Market
for Mass Flow Controllers (www.flowmfc.com) ·
(July 2008) ·
The World Market
for Steam Flow Measurement (www.steamflows.com)
(March 2008) ·
Volume X: The
World Market for Flowmeters, 2nd Edition (www.floweverything.com)
(April 2008) · The World Market for Ultrasonic Flowmeters, 3rd Edition (www.flowultrasonic.com) (January 2008) What new studies would you
like us to do? Flow
Research has completed a four-year cycle of studies, including the 3rd
Editions of our most popular studies and the 2nd edition of our classic
study, Volume X: The World Market
for Flowmeters, which looks at all types of flowmeters, including
target, sonar, and optical. In addition
to the 4th edition of our highly popular magmeter study, we are also
looking to bring out new editions of some of our other previously
published studies. However, we want to hear from you.
What studies do you need? Here are some possible study titles, some
of which clients have already suggested:
Please
reply to this email with the studies you’d like us to pursue. Offers Our popular Pioneers of Instrumentation Calendar is back this year! Yes, the new 2009 Pioneers of Instrumentation Calendar is ready to go. Here you will find many interesting facts, such as the birthday of Daniel Bernoulli, the date the fountain pen was invented, and the birthday of blue jeans. We have added the dates for some popular trade shows this year, including ISA and WEFTEC.
For this 2009 edition of the Calendar, we have added more celebrity birthdays. In fact, the full name of our calendar is the Worldflow Pioneers of Instrumentation and Celebrity Birthday Calendar, 3rd Edition. So if you like following celebrities, or just like to know how old they really, our new 2009 Calendar will answer many of these questions.
To preview the 2009 calendar, and to request your free copy, go to www.flowcalendar.com. We will be happy to send one right out to you. Stay up-to-date on developments in the flowmeter and energy
industries with a free trial
subscription to the Worldflow Monitoring Service. Our Worldflow Monitoring Service includes quarterly reports
and timely updates: ·
Market
Barometer – A
quarterly report on the flow, temperature, and pressure markets ·
Energy Monitor –
A quarterly report on the oil & gas, refining, power, and renewables
industries ·
Flash Reports
– Breaking news in instrumentation and energy ·
White Papers
– In-depth analysis
of important issues ·
Worldflow
Online – 24/7
access to market data, strategies, and past Worldflow reports going back
to 2002 The
Worldflow Monitoring Service features a website, www.worldflow.com,
which serves as the launching pad for Worldflow Online. To receive a free
trial subscription to this valuable service, go to www.worldflow.com
and fill out the Free Trial Subscription Form, or send an email to jesse@flowresearch.com
with your contact information. Please be sure to include your mailing
address when requesting a free trial subscription. What do you think of FlowTimes?
We welcome your comments! Please send any comments or suggestions to jesse@flowresearch.com.
FlowTimes
is published by Flow Research, Inc.
Editor: Dr. Associate Editors: Belinda Burum – belinda@flowresearch.com
Norm Weeks – norm@flowresearch.com
What do you think of FlowTimes? We welcome your comments! Please send any comments or suggestions to Flow Research, or by email to jesse@flowresearch.com.
FlowTimes is published by Flow Research, Inc. Editor: Dr. Jesse Yoder - jesse@flowresearch.com
Flow Research, Inc. 27 Water Street Wakefield, MA 01880 (781) 245-3200 (781) 224-7552 (fax)
Belinda Burum
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Were
you among the 11,000 attendees and 500 exhibitors at ISA EXPO 2008 in 
